37 Mill Creek Road, East Stroudsburg, PA 18301
$795,000
Property Type:
Commercial Sale
Square Footage:
7,908
Lot Size (sq. ft.):
64,904
Status:
Pending
Current Price:
$795,000
List Date:
3/01/2026
Last Modified:
3/12/2026
Listing Details MLS# PM-139153
General Property Information
- Above Grade Finished Area
- 7908
- Building Area Total
- 7908
- Building Area Source
- Public Records
- Stories
- 3
- Year Built
- 1962
- Year Built Source
- Public Records
- Garage YN
- Yes
- Attached Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Open Parking YN
- No
- Lot Size Acres
- 1.49
- Water Body Access YN
- No
- Sign On Property YN
- Yes
- List Price/SqFt
- 100.53
Property Features
Income Includes:
Rent Only
Operating Expense Includes:
Vacancy Allowance; Insurance; Manager; Utilities; Maintenance; Snow Removal; Other
Financial Data Source:
Owner
Possession:
Close Of Escrow
Electric:
3 Phase
Cooling:
Geothermal
Heating:
Geothermal
Security Features:
Closed Circuit Camera(s); Fire Alarm
Water Source:
Public
Sewer:
On Site Septic
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2026-02-20
- Listing Service
- Full Service
Location Tax and Legal
- County
- Monroe
- Street Number
- 37
- Street Name
- Mill Creek
- Street Suffix
- Road
- City (Post Office)
- East Stroudsburg
- State
- PA
- Postal Code
- 18301
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Discover an exceptional investment opportunity at 37 Mill Creek Road, a premier multi-tenant office building strategically located in the heart of East Stroudsburg. Boasting a robust Cap Rate 7.29%, this property is a turnkey powerhouse for savvy investors seeking immediate cash flow and long-term stability in the Pocono region. The building features approximately 7,908 square feet of versatile, professional space across three floors and a separate garage, currently configured to accommodate a diverse range of tenants with private office suites, and an existing daycare occupying 2 floors. Efficiency and modernity are at the core of this asset, which is serviced by a cost-effective geothermal heating and cooling system, significantly reducing overhead and appeal to environmentally conscious investors. A new roof was installed on the main building in November 2025. All rents include annual increases. The property is served by 3 phase electric and is zoned M1 Industrial. There is a Certificate of Non-conforming Use dating back to the 1988 construction permitting general office/commercial uses. This non-conforming was confirmed in 2006 and a new certificate was issued 2026. Documentation provided upon request. The property sits on a total of 4 lots. The main building and garage sit on one lot. The rear parking lot is on a separate lot. The geo-thermal ground loop sits on two lots across the street. The property is served by public water and a private septic system. The 4 parcels included in the sale are 17730219610425, 17730219611314, 17730219519199, 17730219610163 ***Income and expense numbers include both CapEx Reserves and and a Vacancy Factor of 3% each. Income after incurred expenses is $64,116.95 annually.
Status Change Information
- Purchase Contract Date
- 2026-03-11
More Information
Unit Details
- Number Of Units Leased
- 10
Income and Expenses
- Gross Income
- 103073.16
- Net Operating Income
- 57932.56
- Annual Total Expense
- 38956.21
- Cap Rate
- 7.29
- Vacancy Allowance Rate
- 3
- Other Expense
- 3
Location, Tax, and Legal
- Parcel Number
- 17.3A.2.2
- Municipality
- Stroud Township
- County Tax Amount
- 2384.16
- Municipal Tax Amount
- 1123.02
- School Tax Amount
- 11924.5
- Tax Other Annual Assessment Amount
- 80.92
- Tax Annual Amount
- 15512.6
- Tax Assessed Value
- 435280
- Tax Year
- 2025
- Tax Map Number
- 17730219610425
- Tax Lot
- 17
- Tax Book Number
- 2607
- Tax Page Number
- 2266
- Deed Recording Date
- 2022-04-19
- Tax Legal Description
- Lot 17
- Zoning Description
- Commercial
Income Includes
- Rent Only
- Yes
Operating Expense Includes
- Vacancy Allowance
- Yes
- Insurance
- Yes
- Manager
- Yes
- Utilities
- Yes
- Maintenance
- Yes
- Snow Removal
- Yes
- Other
- Yes
Financial Data Source
- Owner
- Yes
Oil, Gas and Mineral Rights
- Property Subject To Lease
- Yes
Possession
- Close Of Escrow
- Yes
Electric
- 3 Phase
- Yes
Cooling
- Geothermal
- Yes
Heating
- Geothermal
- Yes
Security Features
- Closed Circuit Camera(s)
- Yes
- Fire Alarm
- Yes
Water Source
- Public
- Yes
Sewer
- On Site Septic
- Yes
Listing Office:
S7, LLC
Last Updated: March - 12 - 2026
Information deemed reliable but not guaranteed.
